Accounting (specifically fair value accounting) has been named by some as a role player in the financial crisis. The defensive argument that accounting is only a messenger ignores the important roles of accounting in banking and bank supervision. A second related argument is that prudential...

Globally, financial institutions have increased their holdings of domestic sovereign debt, tightening the linkage between the health of the financial system and the level of sovereign debt, or the "financial sector-sovereign nexus," during the ongoing COVID-19 pandemic. In South Africa, the...

An overview of the regulation of bank holdings in three African jurisdictions (Kenya, Nigeria, South Africa), from a comparative legal perspective (EU and US), identifying regulation of a banking group's parent on the basis of ten identified elements of holding regulation, and calling for action...

This paper examined and discusses banking regulation and market framework in the South African context. In South Africa, the principal legal instrument which seeks to achieve credibility, stability and economic growth, is the Banks Act, No. 94 of 1990 (the Banks Act). Further, South Africa has...

Past research on capital structure was spearheaded by the ground-breaking models of Nobel Prize laureates Modigliani and Miller. However, little research has been done on the application of their and other theories to banking institutions in South Africa. The study analyses the determinants of...